Bay Area Tech Giants Cisco and IBM to Lay Off Hundreds in San Jose and San Francisco Amid Industry Pivot

The technology landscape of the Bay Area is set for a change as Cisco Systems, Inc. and International Business Machines Corporation (IBM) prepare to implement significant layoffs in the coming months. According to state filings with the Employment Development Department, Cisco will be cutting jobs across several Bay Area locations, with its San Jose headquarters being the hardest hit, where 563 employees will be let go. Additionally, 145 individuals at the Milpitas office and 134 in San Francisco will face layoffs, as reported by KRON4.

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